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56Chevy

02/26/19 12:00 PM

#30455 RE: Orion1972 #30451

Wrong. NOL's were not of primary importance to ESL here. Recovery of the debt he held claims on was. On a side note NOL's can be very helpful but no longer have the tax allure they once did due to changes in the law passed in 2016.

ESL did not "reorganize" nor "recapitalize" SHLDQ. There is no plan nor any tender offers for SHLDQ common equity.